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4/30/24, 9:24 AM Investopia 2024 emphasises importance of driving new economy projects in AI, fintech, healthcare, environment | Emirates News …

Investopia 2024 emphasises importance of driving new economy projects in AI, fintech, healthcare, environment
Sunday, April 28, 2024 1:13 PM5 minutes Reading

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ABU DHABI, 28th April, 2024 (WAM) -- Investopia 2024 organised an all-encompassing strategic discussion, bringing together more than 105
speakers, including ministers, policymakers, leading investors, economic experts, and entrepreneurs from different regions of the world. The
objective was to outline a distinct roadmap for promoting sustainable economic growth for countries and communities alike. It also aimed to
contribute to driving development in the face of global economic challenges by engaging in meaningful discussions on major economic topics at
both regional and global scales.
The speakers emphasised the importance of increasing investments in emerging and sustainable economic sectors such as artificial intelligence
(AI), fintech, infrastructure, clean energy, circular economy, health, creative industries, sports, tourism, aviation, and entertainment. These
sectors are in line with current global investment and financing trends, as they represent the future of the economy and contribute to the
transition to more adaptable and competitive economic models.
AI’s crucial role in expediting investments and effectively addressing economic challenges
According to the experts who participated, the utilisation of AI applications and solutions has become indispensable for expediting investments in
different economic sectors. They further noted that AI could assist in making informed decisions regarding investments in funds and investment
institutions. Additionally, AI can play a significant role in overcoming the challenges that impede economic development, particularly in emerging
markets. It can also facilitate the development of projects related to digital infrastructure.
The speakers highlighted that the emergence of Generative AI is poised to revolutionise the fields of information and data analysis and risk
assessment in the near future. This transformation will have a profound impact on global investment directions and strategies.
The experts also emphasised that the UAE is an exceptional and attractive destination for investment in areas, including AI, advanced
technologies, and data centres. This is primarily due to its well-established legislative framework and nurturing strategies for artificial intelligence

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